Sec. 132. Authority to suspend mark-to-market accounting. MeltDown #152 EMERGENCY ECONOMIC STABILIZATION

.. Everything in time is birth to some and death to others. ..

Sec. 132. Authority to suspend mark-to-market accounting. MeltDown #152 EMERGENCY ECONOMIC STABILIZATION

March 24th, 2009 study accounting

HR 1424 Emergency Economic Stabilization Act of 2008 http://thomas.loc.gov/cgi-bin/query/C?c110:./temp/~c110JIik9X Sec. 132. Authority to suspend mark-to-market accounting. "The Securities and Exchange Commission shall have the authority under the securities laws 12 (as such term is defined in section 3(a)(47) of the Securities Exchange Act of 1934 (15 USC 78c(a)(47)) to suspend, by rule, regulation, or order, the application of Statement Number 157 of the Financial Accounting Standards …